Newbie ans strategy
Mitglied seit May 14, 2019
30 Posts
Dec 31, 2019 at 14:57
It seems to me that if this sounds right, you should come to the market or to trading with at least a little theoretical preparation. You need to understand what the market is and know its basic laws in order to always navigate in the current situation and act in such a way as to minimize your own risks and in general stay informed about all events. In fact, it is not at all easy and takes a huge amount of time. But I am convinced that it is worth it, because trading gives you the freedom that most business areas can't provide, particularly because you don't need an office or a whole team of employees here. You can literally work for yourself and although it is not just a responsibility. It's worth it in terms of performance.
Mitglied seit Apr 18, 2019
30 Posts
Dec 31, 2019 at 15:16
Newbie also should develop its own strategy, but thats should go along with learning, so the best way is to trade copy another traders strategy and try to adjust them and make them better, That's the way most newbies come to become successful traders.
Jan 01, 2020 at 13:03
It's really hard to decide where to start in almost any field, because you need to be responsible for a lot of nuances and here you can't put responsibility on a bad boss or some external circumstances. And if you try to do something like that, then by no means count on a huge success, because it certainly will not be. I think we should initially come to the fact that trading requires three things: initial investment, market knowledge and system work. Not in the sense that you have to choose only one strategy or trade a certain amount of time per day. But in the sense that you should perceive every trading session as a full working day, which today will bring you a positive result and then everything will work out for sure.
Jan 01, 2020 at 13:07
Mikagul posted:
It's really hard to decide where to start in almost any field, because you need to be responsible for a lot of nuances and here you can't put responsibility on a bad boss or some external circumstances. And if you try to do something like that, then by no means count on a huge success, because it certainly will not be. I think we should initially come to the fact that trading requires three things: initial investment, market knowledge and system work. Not in the sense that you have to choose only one strategy or trade a certain amount of time per day. But in the sense that you should perceive every trading session as a full working day, which today will bring you a positive result and then everything will work out for sure.
I agree on all of your 3 points but wanna rearrange the list: 1) Trading knowledge. 2) Trading system & then the investment part.
Jan 04, 2020 at 10:32
Everything written is true, especially the phrase about capital safety. That's one of the most common beginners fails, as beginners want to obtain quick results and want to earn fast. Following such dreams, newbie traders rise risks and take risky deals and, as a result, blow up deposits. That's sad but true and finally such traders say 'forex is not a place where you can earn' and than quit the trading. The only thing all beginners should learn first is that profits don't matters, the first importance thing is not to lose own deposit.
Jan 04, 2020 at 10:45
Trallod posted:
Everything written is true, especially the phrase about capital safety. That's one of the most common beginners fails, as beginners want to obtain quick results and want to earn fast. Following such dreams, newbie traders rise risks and take risky deals and, as a result, blow up deposits. That's sad but true and finally such traders say 'forex is not a place where you can earn' and than quit the trading. The only thing all beginners should learn first is that profits don't matters, the first importance thing is not to lose own deposit.
The problem is; new traders try to make quick money here without learning! As a result; the lose their 1st live account too early!
Mitglied seit Jul 19, 2020
318 Posts
Oct 18, 2020 at 20:34
Every new trader should make a good and profitable strategy to earn profit from this risky market.
Mitglied seit Oct 01, 2020
49 Posts
Nov 10, 2020 at 10:53
More beginners think that forex trading is easy money. But it is not in reality. You have to put a lot of effort to make money.
Mitglied seit Jul 20, 2020
341 Posts
Nov 18, 2020 at 18:01
Every newbie should be properly educated before investing their money in this risky market. Low knowledge can be very dangerous for them.
Mitglied seit Aug 17, 2020
123 Posts
Nov 19, 2020 at 09:47
As many people have written, developing your own trading system is very important. This is why it is so important to learn and gain experience in trading except for looking for easy solutions that don't actually exist.
Mitglied seit Jul 19, 2020
318 Posts
Dec 04, 2020 at 15:12
New traders should learn all the basics of Forex perfectly before starting their trading career.
Mitglied seit Jul 23, 2020
759 Posts
Apr 06, 2021 at 17:59
Every trader needs a strategy. Try to make your strategy profitable.
Mitglied seit Jul 23, 2020
869 Posts
Apr 07, 2021 at 11:09
Try to improve your trading strategy through demo practice. It is the best way.
Mitglied seit Jun 26, 2020
327 Posts
Apr 08, 2021 at 05:12
trading strategy is a thing that always can make us profitable ,
but our strategy most of the time fails due to poor trading plan including money management.
but our strategy most of the time fails due to poor trading plan including money management.
